End of Year Trader Tax Tips

Recorded Nov. 14, 2012

Washington negotiates the Bush-era tax cuts going into year-end 2012. Wash-sale losses can be better than capital-loss carryovers. Convert wash sales to Section 475 ordinary losses on Jan. 1. Accelerate business expenses with trader tax status. Entities are better for business traders.

Testimonials

Amanda, Based on my rudimentary knowledge of  taxes my draft 2012 (amended) return looks good so let's file it. If you have any advice based on mistakes I made on how to better plan my taxes (besides the obvious ... pay them on time!!) let me know. Thank you for taking care of this so quickly and efficiently. This was a far better experience over my previous accountant!

KK

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